Successful business owners treat these three areas as separate lines, and cultivate each one. Let's explore each of them...

Medical Billing Marketing

Looking to expand? We recommend the ebook 12 Marketing Strategies to Grow Your Medical Billing Business. It's a guide to effectively marketing and growing your business, written by a mother/daughter team of billers. Learn more about it here.

This can come in several forms. You might qualify for a small business loan, or you could find someone willing to invest. Investors provide an immediate influx of capital, but you'll be required to repay at some point.

If you're interested in expanding through investment, look at all your business's hard assets and ascribe appropriate financial values to them.

Once you've learned the full value of your current business, you need to decide how you want to expand.

It could be that you can now get new medical billing and coding software equipped to handle more clients. Or it could mean hiring additional employees to expand the range of tasks your business can handle.

After you've decided how you wish to grow, create a proposal outlining your current assets and what you would like to expand.

How much money can you expect to make through this expansion, and in what time frame? Try to answer this question.